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Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?


To: Peter G. Troyan who wrote (435)1/9/1998 4:23:00 PM
From: James Strauss  Read Replies (1) | Respond to of 1261
 
Buying Proven Reserves...

>>>the government may be willing to sell some interests in producing properties to raise cash. The company is also still reviewing numerous
properties, so this trip piques my interest. Maybe something is on the table? What do you guys think?<<<
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Pete:

This seems to be right in line with Tracer's desire to invest in property with proven reserves for income purposes... They could buy property for pennies on the dollar... Hopefully such a purchase won't be too dilutive to outstanding shares...

Jim



To: Peter G. Troyan who wrote (435)1/15/1998 8:25:00 PM
From: virginijus poshkus  Read Replies (2) | Respond to of 1261
 
Peter, a little action today. 100 thou shares traded. something is in the wind for sure.

vargas